New York State Teachers Retirement System Sells 4,801 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

New York State Teachers Retirement System lessened its position in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 5.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 86,025 shares of the company's stock after selling 4,801 shares during the quarter. New York State Teachers Retirement System owned 0.08% of Cboe Global Markets worth $19,467,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. Forge First Asset Management Inc. purchased a new position in shares of Cboe Global Markets during the 4th quarter valued at about $8,461,000. Amundi grew its position in Cboe Global Markets by 27.2% during the fourth quarter. Amundi now owns 885,659 shares of the company's stock valued at $170,923,000 after acquiring an additional 189,280 shares during the last quarter. GAM Holding AG purchased a new position in shares of Cboe Global Markets during the first quarter worth approximately $1,541,000. Raymond James Financial Inc. purchased a new position in shares of Cboe Global Markets during the fourth quarter worth approximately $59,206,000. Finally, Unigestion Holding SA lifted its holdings in shares of Cboe Global Markets by 33.1% in the 1st quarter. Unigestion Holding SA now owns 75,244 shares of the company's stock worth $16,999,000 after acquiring an additional 18,733 shares during the last quarter. Hedge funds and other institutional investors own 82.67% of the company's stock.

Insider Transactions at Cboe Global Markets

In other news, EVP Catherine R. Clay sold 3,598 shares of the firm's stock in a transaction on Friday, May 23rd. The stock was sold at an average price of $226.58, for a total transaction of $815,234.84. Following the completion of the transaction, the executive vice president directly owned 2,183 shares in the company, valued at $494,624.14. This trade represents a 62.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.22% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on CBOE. Morgan Stanley cut shares of Cboe Global Markets from an "overweight" rating to an "underweight" rating and decreased their target price for the stock from $256.00 to $215.00 in a research report on Wednesday, May 14th. Barclays boosted their target price on Cboe Global Markets from $232.00 to $245.00 and gave the company an "equal weight" rating in a research note on Friday, May 2nd. UBS Group raised their price target on Cboe Global Markets from $235.00 to $245.00 and gave the stock a "neutral" rating in a research report on Monday, May 5th. Cowen reiterated a "hold" rating on shares of Cboe Global Markets in a research report on Monday, May 5th. Finally, Loop Capital set a $227.00 target price on shares of Cboe Global Markets in a report on Monday, May 5th. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $219.64.

Cboe Global Markets Trading Up 0.0%

Shares of CBOE stock traded up $0.02 during trading hours on Friday, reaching $231.37. The company's stock had a trading volume of 325,337 shares, compared to its average volume of 862,647. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. Cboe Global Markets, Inc. has a one year low of $166.88 and a one year high of $236.02. The stock has a market capitalization of $24.23 billion, a P/E ratio of 32.05, a P/E/G ratio of 1.75 and a beta of 0.43. The firm's fifty day simple moving average is $225.95 and its 200 day simple moving average is $213.57.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last released its quarterly earnings results on Friday, May 2nd. The company reported $2.50 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.36 by $0.14. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. The company's revenue was up 12.6% compared to the same quarter last year. During the same period in the prior year, the company earned $2.15 earnings per share. Equities research analysts expect that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 13th. Investors of record on Friday, May 30th were given a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date was Friday, May 30th. Cboe Global Markets's dividend payout ratio (DPR) is presently 33.03%.

Cboe Global Markets Profile

Cboe Global Markets, Inc is one of the largest stock exchange operators by volume in the United States and a leading market globally for ETP trading. Cboe offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, U.S. and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the VIX Index.